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Saturday, 28 January 12
WILL FREIGHT MARKET STABILIZE FROM NEXT WEEK?
COALspot.com - The markets continued to soften with BDI at 663 points down by 15.78 pct closing at 726 points and cape index was down by 5.73 pct closing at 1,465 points.
The biggest drop was in Panamax sector which dropped by 20.10 points closing at 815 points. The Supramax and Handysize also continued to drop by abt 13 pct closing at 695 points and 426 points respectively.
The BDI is almost close to the lows of Dec 2008 when BDI was at 663 points.
The markets seemed to have bottomed out and there are hopes that the market would stabilize from next week with Chinese new year holidays over. However as per reports there is huge stock pile of iron ore of about 94 mill tons in Chinese ports. The demand for iron may be weak for next couple of weeks, which may cause to affect the shipping market.
Supramax delivery South China for trips via Indonesia were reported around only US$ 5,500-6,000 per day. Short Period charter rates for Panamax and supramax was down to around US$ 6,000-7,000 per day with delivery Feast.
The average charter rates was at Cape/US$ 5,566 pday , Panamax/US$ 6,488 per day, Supramax/US$ 7,268 pday and Handysize/US$ 6,264 per day. The futures for three years (2012-2014) was at around Cape/US$16,000 per day, Panamax/US$ 12,000 per day, Supramax/US$ 11,500 per day , Handysize/US$ 9,250 per day.
The supramax index in the feast (S6 route) closed at US$ 5,231 pday (last week US$ 5,728 per day) and S7 route closed at US$ 5,569 per day (last week US$ 6,082 per day) . S6 and S7 route likely to remain steady next week.
The congestion in EC Australia increased to 90 vessels this week (last week 85). The vessels waiting at main coal loading ports were at Haypoint/4, DBCT/16, Gladstone/14, Abbot Point/4, New Castle/43, Port Kembla/11 vessels.
On the WC Australia iron ore vessels waiting was at 70 vessels (last week 53).
The brent crude oil prices closed at US$ 111.53 per barrel and bunkers prices closed at US$ 739.00 pmt (last week US$ 740 pmt) for IFO 380 cst ex Singapore on 27th Jan 2012.
Click here for Vistaar’s forecasts (terms & conditions apply) for spot freight rates for coal & Iron-ore cargo for specific routes (cs)
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Tuesday, 07 February 12
DRY BULK MARKET FINALLY STOPS DECLINE, POSTS FIRST RISE IN MORE THAN A MONTH - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
After falling to near record lows, not seen since the mid-80s the dry bulk market has finally stopped its path to "hell", with the industr ...
Saturday, 04 February 12
SUPRAMAX DELIVERY SOUTH CHINA FOR TRIPS VIA INDONESIA WERE REPORTED AROUND $ 6,000 PER DAY - VISTAAR
COALspot.com - The markets continued to soften which dropped by almost 11 pct and BDI closing at 647 points.
The drop in BDI was mainly due to dr ...
Thursday, 02 February 12
NO RELIEF YET FOR DRY BULK SHIP OWNERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Although at the start of 2012 nobody can claim that the global seaborne trade has suddenly come to a halt, quite the contrary, it seems that the dry ...
Wednesday, 01 February 12
KRISHNAPATNAM PORT - GOING DEEP TO SOAR HIGH
COALspot.com - Krishnapatnam Port now rightfully claims as the deepest draft port in India, as it has started accepting vessels with maximum permiss ...
Wednesday, 01 February 12
IN JAMBI, MOST MINING COMPANIES LACK 'CLEAR-AND-CLEAN' PERMITS - JP
More than three-quarters of the 386 mining companies in Jambi lack “clear-and-clean” certifications from the government, according to an ...
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- Standard Chartered Bank - UAE
- Maheswari Brothers Coal Limited - India
- Electricity Authority, New Zealand
- Rio Tinto Coal - Australia
- GAC Shipping (India) Pvt Ltd
- Therma Luzon, Inc, Philippines
- Indika Energy - Indonesia
- Indonesian Coal Mining Association
- Sarangani Energy Corporation, Philippines
- Riau Bara Harum - Indonesia
- Grasim Industreis Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Thiess Contractors Indonesia
- Sree Jayajothi Cements Limited - India
- Formosa Plastics Group - Taiwan
- Petrochimia International Co. Ltd.- Taiwan
- PetroVietnam Power Coal Import and Supply Company
- Kideco Jaya Agung - Indonesia
- Interocean Group of Companies - India
- Vijayanagar Sugar Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- South Luzon Thermal Energy Corporation
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Petron Corporation, Philippines
- GMR Energy Limited - India
- Salva Resources Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Binh Thuan Hamico - Vietnam
- PTC India Limited - India
- Jaiprakash Power Ventures ltd
- Price Waterhouse Coopers - Russia
- Global Business Power Corporation, Philippines
- SMC Global Power, Philippines
- Lanco Infratech Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Indogreen Group - Indonesia
- Australian Coal Association
- Port Waratah Coal Services - Australia
- Coastal Gujarat Power Limited - India
- Ind-Barath Power Infra Limited - India
- Eastern Energy - Thailand
- Directorate Of Revenue Intelligence - India
- Bukit Asam (Persero) Tbk - Indonesia
- ASAPP Information Group - India
- Straits Asia Resources Limited - Singapore
- Globalindo Alam Lestari - Indonesia
- Parliament of New Zealand
- Ministry of Transport, Egypt
- Ceylon Electricity Board - Sri Lanka
- Coalindo Energy - Indonesia
- Videocon Industries ltd - India
- Timah Investasi Mineral - Indoneisa
- Samtan Co., Ltd - South Korea
- Trasteel International SA, Italy
- Manunggal Multi Energi - Indonesia
- Chamber of Mines of South Africa
- Energy Development Corp, Philippines
- India Bulls Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Indian Energy Exchange, India
- VISA Power Limited - India
- Metalloyd Limited - United Kingdom
- Thai Mozambique Logistica
- Directorate General of MIneral and Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Africa Commodities Group - South Africa
- Georgia Ports Authority, United States
- Coal and Oil Company - UAE
- MS Steel International - UAE
- Jindal Steel & Power Ltd - India
- Simpson Spence & Young - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Tata Chemicals Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- CNBM International Corporation - China
- Indo Tambangraya Megah - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Ministry of Mines - Canada
- Wilmar Investment Holdings
- Karaikal Port Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- SMG Consultants - Indonesia
- The University of Queensland
- Latin American Coal - Colombia
- Bhoruka Overseas - Indonesia
- Ministry of Finance - Indonesia
- Economic Council, Georgia
- Siam City Cement - Thailand
- Global Coal Blending Company Limited - Australia
- Heidelberg Cement - Germany
- Commonwealth Bank - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Borneo Indobara - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Essar Steel Hazira Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Eastern Coal Council - USA
- Toyota Tsusho Corporation, Japan
- ICICI Bank Limited - India
- Bukit Baiduri Energy - Indonesia
- Attock Cement Pakistan Limited
- Merrill Lynch Commodities Europe
- Meralco Power Generation, Philippines
- Global Green Power PLC Corporation, Philippines
- Romanian Commodities Exchange
- Malabar Cements Ltd - India
- Madhucon Powers Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Sakthi Sugars Limited - India
- European Bulk Services B.V. - Netherlands
- Xindia Steels Limited - India
- Marubeni Corporation - India
- TeaM Sual Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
- Deloitte Consulting - India
- Bahari Cakrawala Sebuku - Indonesia
- Medco Energi Mining Internasional
- Electricity Generating Authority of Thailand
- Energy Link Ltd, New Zealand
- Meenaskhi Energy Private Limited - India
- Kartika Selabumi Mining - Indonesia
- Aditya Birla Group - India
- Savvy Resources Ltd - HongKong
- IHS Mccloskey Coal Group - USA
- Edison Trading Spa - Italy
- Bharathi Cement Corporation - India
- Uttam Galva Steels Limited - India
- PNOC Exploration Corporation - Philippines
- Antam Resourcindo - Indonesia
- GVK Power & Infra Limited - India
- CIMB Investment Bank - Malaysia
- Vedanta Resources Plc - India
- Rashtriya Ispat Nigam Limited - India
- White Energy Company Limited
- Jorong Barutama Greston.PT - Indonesia
- Vizag Seaport Private Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Goldman Sachs - Singapore
- Krishnapatnam Port Company Ltd. - India
- International Coal Ventures Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Barasentosa Lestari - Indonesia
- Banpu Public Company Limited - Thailand
- Bulk Trading Sa - Switzerland
- Star Paper Mills Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Oldendorff Carriers - Singapore
- Ambuja Cements Ltd - India
- Sindya Power Generating Company Private Ltd
- Larsen & Toubro Limited - India
- Cement Manufacturers Association - India
- Sical Logistics Limited - India
- Agrawal Coal Company - India
- Aboitiz Power Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Makarim & Taira - Indonesia
- Bhushan Steel Limited - India
- Pendopo Energi Batubara - Indonesia
- The State Trading Corporation of India Ltd
- San Jose City I Power Corp, Philippines
- Baramulti Group, Indonesia
- Independent Power Producers Association of India
- New Zealand Coal & Carbon
- Renaissance Capital - South Africa
- Kalimantan Lumbung Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- Anglo American - United Kingdom
- Leighton Contractors Pty Ltd - Australia
- Miang Besar Coal Terminal - Indonesia
- Parry Sugars Refinery, India
- TNB Fuel Sdn Bhd - Malaysia
- Central Java Power - Indonesia
- Orica Australia Pty. Ltd.
- Altura Mining Limited, Indonesia
- Planning Commission, India
- Sojitz Corporation - Japan
- Kepco SPC Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Indian Oil Corporation Limited
- Bangladesh Power Developement Board
- Maharashtra Electricity Regulatory Commission - India
- AsiaOL BioFuels Corp., Philippines
- Mjunction Services Limited - India
- Alfred C Toepfer International GmbH - Germany
- Siam City Cement PLC, Thailand
- McConnell Dowell - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercator Lines Limited - India
- Singapore Mercantile Exchange
- London Commodity Brokers - England
- IEA Clean Coal Centre - UK
- Carbofer General Trading SA - India
- Dalmia Cement Bharat India
- Central Electricity Authority - India
- Wood Mackenzie - Singapore
- Tamil Nadu electricity Board
- Mintek Dendrill Indonesia
- Kaltim Prima Coal - Indonesia
- Posco Energy - South Korea
- Kohat Cement Company Ltd. - Pakistan
- LBH Netherlands Bv - Netherlands
- Offshore Bulk Terminal Pte Ltd, Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Australian Commodity Traders Exchange
- Minerals Council of Australia
- Intertek Mineral Services - Indonesia
- PowerSource Philippines DevCo
- Semirara Mining Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Kumho Petrochemical, South Korea
- Orica Mining Services - Indonesia
- Bhatia International Limited - India
- The Treasury - Australian Government
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